Pepe

PEPE

Meme coins, like Pepe (PEPE), have the potential to undergo substantial price surges within a short timeframe, providing advantageous opportunities for astute traders who strategically enter the market.  
Lookonchain, a cryptocurrency analytics tool, has uncovered a situation where a trader acquired 170.2 billion <a href="https://optimisus.com/press-releases/memecoin-millionaire-made-5-million-with-pepe-now-says-this-undervalued-crypto-can-beat-jupiter-and-polkadot-by-2025/" rel="noopener noreferrer nofollow">PEPE coins</a> in October of the previous year and subsequently sold them for 1.97 million USDC on July 25th.  
The return on investment (ROI) is remarkable, standing at 886%, resulting in a total profit of $1.77 million. The trader exchanged more than 100 billion PEPE tokens for $1.16 million in USDC and turned the remaining tokens into $812,000 worth of the stablecoin.  
Several users characterized the decision as prudent; however, some pointed out that the return would have been greater if the trader had sold their assets two months earlier. The price of PEPE reached a record high of approximately $0.00001699, but it is presently trading at $0.00001171, indicating a 30% decrease.  
Another individual who participated in the sector purchased more than 48 billion <a href="https://optimisus.com/news/crypto-news/shiba-inu-team-addresses-the-wazirx-hack-where-trillions-of-shib-were-stolen/" rel="noopener noreferrer nofollow">SHIB tokens</a> in January 2021 for 2 ETH. They then sold these tokens in May this year for over 280 ETH, which is equivalent to more than $1.2 million.  
One individual invested a mere $310 by the end of 2023 to acquire 2.5 million dogwifhat (WIF) coins, resulting in a potential profit of more than $6 million if they choose to sell their holdings. 
The post <a href="https://optimisus.com/news/crypto-news/a-crypto-trader-makes-over-880-return-on-investment-roi/" rel="noopener noreferrer nofollow">A crypto trader makes over 880% return on investment (ROI)</a> appeared first on <a href="https://optimisus.com" rel="noopener noreferrer nofollow">Optimisus</a>.

A crypto trader makes over 880% return on investment (ROI)

Optimisus

Các bài viết khác được xuất bản trên 28 thg 7, 2024

State of Michigan Purchases $6.6M in Bitcoin ETFs for Pension Fund

Pidato Pro-Kripto Donald Trump: Pecat Ketua SEC dan Bitcoin Jadi Cadangan AS

Worldcoin (WLD) Surges Despite Bearish Sentiment

Ethereum transactions surge: Buying frenzy or selling spree?

BinaryX Announces Historic Vote to Burn 74% of BNX Tokens

Trump’s Bitcoin 2024 keynote includes plan for US Bitcoin reserve

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!